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Gurupdesh Pandher CV

Gurupdesh Pandher, Ph.D.
Professor, Finance
gpandher@uwindsor.ca
519-253-3000 ext. 5077
Office: OB 509

Education 

  • Ph.D.  Cornell University, Ithaca, NY, Financial Economics, 1999.
  • M.S.  University of Waterloo, Canada, Mathematics, 1989.
  • B.Sc. Bachelor of Science, University of British Columbia, Vancouver, Computer Science, 1986.

Employment Experience 

  • Professor, Odette School of Business, University of Windsor (September 2012 - Present)
  • Senior Associate Dean - Academic, and Professor (Finance), Odette School of Business, University of Windsor (July, 2012 - June, 2017)
  • Associate Professor, University of British Columbia (January, 2007 - June, 2012), Vancouver.
  • Visiting Associate Professor, Hong Kong University of Science and Technology (May, 2011)
  • Visiting Associate Professor, University of Hong Kong (July 2010, 2011, 2012, 2013)
  • Associate Professor (Finance), DePaul University (January, 2006 - December, 2007), Chicago.
  • Senior Quantitative Consultant, FinancialCad Corporation (May, 2006 - August, 2006), Vancouver.
  • Assistant Professor (Finance), DePaul University (January, 1999 - December, 2006), Chicago.
  • Economist, International Monetary Fund & World Bank (May, 1966 - August, 1997), Washington.
  • Methodologist, Statistics Canada (January, 1991 - December, 1995), Ottawa.
  • Actuarial Analyst, Sunlife Insurance Company (January, 1990 - December, 1991), Toronto.

Honours and Awards 

  • 1992:  Employee Recognition Award, Statistics Canada.

Intellectual Contributions

Articles 

  • Pandher, G.; Bonaparte, Y. & Fabozzi, F.J. (2024). The risk-adjusted performance of convertible venture contracts.  International Review of Economics & Finance, 93(A), 485-500, https://doi.org/10.1016/j.iref.2024.03.019. [June]
  • Pandher, G., & Sun, J. (2023).  Firm performance and effective mitigation of adverse Business scenarios.   Global Finance Journal, https://doi.org/10.1016/j.gfi.2023.100889.  [August]
  • Pandher, G. (2022). Determinants of return-maximizing CEO equity & cash compensation. International Review of Economics & Finance, 79, 154-168, http://doi.org/10.1016/j.iref.2021.11.003.
  • Pandher, G. (2021). The performance of venture capital investments: failure risk, valuation uncertainty and venture characteristics. Quantiative Finance, 21 (6), 929-943, http://doi.org/10.1080/14697688.2020.1854479.
  • Currie, R.R. & Pandher, G.S. (2020). Finance journal rankings: Active scholar assessment revisited. Journal of Banking & Finance, 111, 105-117, http://doi.org/10.1016/j.jbankfin.2019.105717.
  • Pandher, G. (2019).  Financier search and boundaries of the Angel and VC Markets.   Entrepreneurship: Theory & Practice, 43 (6), 1223-1249, http://doi.org/10.1177/1042258718780476.
  • Pandher, G., Mutlu, S., & Samnani, A. (2017).  Employee-based innovation in organizations: Overcoming strategic risks from opportunism and governance.   Strategic Entrepreneurship Journal, 11 (4), 464-482, http://doi.org/10.1002/sej.1252.
  • Pandher, G., & Vu, J. D. (2018).  Divisional managers' compensation to maximize spillovers and cooperation.   International Review of Economics & Finance, 54, 44-54, http://doi.org/10.1016/j.iref.2017.07.028.
  • Oxley, J., & Pandher, G. (2016).  Equity-based incentives and collaboration in the modern multibusiness firm.   Strategic Management Journal, 37, (7), 1379-1394, http://doi.org/10.1002/smj.2392.
  • Currie, R., Wesley, F., & Pandher, G. S. (2014).  Contextualising site factors for feasibility analysis.   Journal of Environmental Planning and Management, 57 (10), 1484-1496, http://doi.org/10.1080/09640568.2013.815606.
  • Pandher, G., & Currie, R. (2013).  CEO Compensation: A resource advantage and stakeholder-bargaining perspective.   Strategic Management Journal, 34 (1), 22-41, http://doi.org/10.1002/smj.1995.
  • Currie, R., & Pandher, G. (2012).  Management education journals' rank and tier by active scholars.   Academy of Management, Learning and Education, 12 (2), 194-218, http://doi.org/10.5465/amle.2010.0184.
  • Pandher, G., & Currie, R. (2011).  Finance journal rankings & tiers: An active scholar assessment methodology.   Journal of Banking & Finance, 35 (1), 7-20, http://doi.org/10.1016/j.jbankfin.2010.07.034.
  • Miller, N., & Pandher, G. (2008).  Idiosyncratic volatility and the housing market.   Journal of Housing Research, 17 (1), 13-32, http://doi.org/10.5555/jhor.17.1.9555225v12532701.
  • Pandher, G. (2007).  Modelling and controlling monetary and economic identities with constrained state space models.   International Statistical Review, 75 (2), 150-169, http://doi.org/10.1111/j.1751-5823.2007.00012.x.
  • Pandher, G. (2007).  Regression-based modeling of market option prices: with application to S&P500 options.   Journal of Forecasting, 26 (7), 475-496, http://doi.org/10.1002/for.1035.
  • Pandher, G. (2007).  Arbitrage-free valuation of interest rate securities under forward curves with stochastic speed and acceleration.   Journal of Economic Theory, 137 (2007), 432-459, http://doi.org/10.1016/j.jet.2006.12.003.
  • Cannon, S., Miller, N., & Pandher, G. (2006).  Risk and return in the U.S. housing market: A Cross-sectional asset-pricing approach.   Real Estate Economics, 34 (4), 519-552, http://doi.org/10.1111/j.1540-6229.2006.00177.x.
  • Pandher, G. (2003).  Valuation of  stock option grants under multiple severance risks.   Journal of Derivatives, The, 11 (2), 25-37, http://doi.org/10.3905/jod.2003.319215.
  • Pandher, G. (2002).  Forecasting multivariate time series with linear restrictions using constrained structural state-space models.   Journal of Forecasting, 21 (4), 281-300, http://doi.org/10.1002/for.830.
  • Pandher, G. (2001).  Estimation of excess returns from derivative prices and testing for risk-neutral pricing.   Econometric Theory, 17 (4), 785-819.
  • Pandher, G. (2000).  Drift estimation of generalized security price processes from high frequency derivative prices.   Review of Derivatives Research, 4 (3), 263-284, http://doi.org/10.1023/10113831113977.
  • Pandher, G. (1996).  Skewed survey populations: Optimal sample redesign under the generalized regression estimator with application to Government Finance Survey.   Survey Methodology, 22, 13-22.

Grants (Competitive; Funded only) 

Received approximately $160,000 in external research grants over past 8 years (total over $270,000).  

  • Social Sciences & Humanities Research Council (SSHRC) Grant: “Entrepreneurial Finance: Expected Investment Returns & Equity Division in Angel and Venture Capitalist Deals.” 2016-19, ($49,280) 
  • Cross-Border Institute (CBI) Grant, University of Windsor, “Risk Management in the Canadian Automotive Sector”, 2013-15 ($30,657) 
  • Cross-Border Institute (CBI) Grant, University of Windsor, “Location Problem with Border Disruption Risk”, 2013-15 ($22,500) 
  • Odette School of Business Research Grant, 2012-17 ($25,000) 
  • Social Sciences & Humanities Research Council (SSHRC) Grant: “Optimal Equity & Cash Managerial Incentives in Multidivisional Firms with Cross-divisional Spillovers” 2012-14 ($30,814) 
  • UBC, Faculty of Management Competitive Research Grant, 2010 ($10,000) 
  • Competitive Faculty Research Award, College of Commerce, DePaul University, 2007 ($15,000) 
  • Competitive Faculty Research Award, College of Commerce, DePaul University, 2005 ($15,000) 
  • DePaul Real-Estate Center Award, 2004 ($15,000) 
  • Faculty Research Sabbatical, DePaul University, 2003 ($30,000) 
  • Competitive Faculty Research Award, College of Commerce, DePaul University, 2003 ($15,000) 
  • University Research Council, Research Grant, DePaul University, 2000 ($3,000)